BMW India bets big on Indian with enhanced 7,1-Series

BMW has announced the launch of its new and enhanced 7-Series. While diesel variants of the 7-Series will be manufactured at its Chennai plant, petrol variants will continue to be imported as completely built-up units (CBUs).

Speaking to CNBC-TV18 on the implications of the ongoing EU-FTA negotiations on the company's margins, Phillip von Sahr, president, BMW India says the company is working closely with SIAM to ensure any negative impact on the auto-maker's investments in India is minimal.

"What is already good for the brand is that we are now launching in September the BMW 1 Series because we believe that there is also a market for premium compact hatchback model in India. So we are convinced of the success of this model."

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